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City Council Passes Mayor’s Water and Sewer Tax

City Council Passes Mayor’s Water and Sewer Tax February 7, 2017   On September 14, the City Council overwhelmingly passed the water and sewer tax proposed by Mayor Emanuel to shore up the largest of the City’s pension fund.  The tax begins in 2017 and increases every year until 2020. Currently, sewer charges equal water…

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Mayor Emanuel Unveils His 2017 City Budget

Mayor Emanuel Unveils His 2017 City Budget Mayor Emanuel unveiled his proposed 2017 budget at a special meeting of the City Council.  The $8.22 billion budget proposes spending $380 million more than was appropriated in 2016.  This represents an increase of 4.6% over the 2016 appropriation.  For your benefit, the highlights of the city’s 2017…

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Exelon/ComEd Rate Increase Legislation Signed by Governor Rauner

Exelon/ComEd Rate Increase Legislation Signed by Governor Rauner February 7, 2017 It took last minute negotiations and ten amendments, including one to reduce the number of votes needed for passage, but ComEd and Exelon were successful in their effort to have Illinois ratepayers bailout two underperforming nuclear plants and change the way energy efficiency programs…

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Update on Pedway Redesign Discussion

Update on Pedway Redesign Discussion January 17, 2017   The Environmental Law and Policy Center (ELPC) recently held a series of workshops to discuss possible improvements to the Chicago Pedway system. It is funding a $125,000 redesign of the main Pedway stretch beneath Randolph Street with the primary focus on the section that runs from…

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Six Surprising Facts about the Exelon/ComEd Rate Increase Proposal

Six Surprising Facts about the Exelon/ComEd Rate Increase Proposal Exelon and ComEd have introduced a new legislation (House Amendent #2 to SB 2814) to drastically raise commercial and residential electricity rates and add new charges that will total $24 billion over twenty-three years. While Exelon and ComEd have claimed the rate increases and new charges…

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What Exelon and ComEd Don’t Want You to Know

What Exelon and ComEd Don’t Want You to Know With electricity costs making up the first or second largest expense for BOMA/Chicago buildings, it’s crucial that we continue shedding light on Exelon and ComEd’s proposed legislation which, with its latest proposal introduced on November 15, would raise electricity rates $24 billion statewide over the next…

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A Closer Look at the Property Tax Burden on BOMA/Chicago Buildings

A Closer Look at the Property Tax Burden on BOMA/Chicago Buildings At BOMA/Chicago, we’re always advocating on our members’ behalf by regularly engaging in open, productive dialogue with key stakeholders surrounding public policy and fiscal decisions aimed at fostering a thriving Chicago. While our elected officials at the local, state and federal levels initially come to…

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Recycling Ordinance Gets Updated

Recycling Ordinance Gets Updated August 26, 2016   The City Council amended the Chicago Recycling Ordinance to provide greater clarity to property owners regarding their recycling requirements and to give city officials stronger enforcement capabilities. Under the amended ordinance, property owners of multi-unit residential, office and commercial establishments will now be mandated to provide source-separated,…

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City funds Property Tax Rebate Program

City funds Property Tax Rebate Program August 25, 2016   With Springfield failing to act on the Mayor’s proposed doubling of the homeowners exemption, the Chicago City Council approved a City-funded rebate program to help offset the recent $580 million property tax increase.  It includes a base rebate for certain homeowners, a senior supplement for…

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What Exelon and ComEd Don’t Want You to Know

What Exelon and ComEd Don’t Want You to Know With electricity costs making up the first or second largest expense for BOMA/Chicago buildings, it’s crucial that we continue shedding light on Exelon and ComEd’s proposed legislation which would raise electricity rates a whopping $8 billion over the next ten years. BOMA/Chicago buildings alone – making…

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